Market Place - Looking at 5 Digits, Again, for the Dow - NYTimes.com

Market Place - Looking at 5 Digits, Again, for the Dow - NYTimes.com

The Dow, which closed up 124.17 points, at 9,789.36, on Monday, is within reach of 10,000. Who would have thought?

At the depths of Wall Street's crisis, when traders were despairing and shares of Citigroup were trading for just over a dollar, Dow 5,000 seemed a likelier prospect than this.

But now, one of the most-watched measures of the financial world is on the cusp of jumping back to five-digit territory.

That does not mean the economy's problems are over, or that 401(k)'s are going to be made whole anytime soon. In fact, this milestone could even stall the rally if enough investors use it as an opportunity to cash in their gains, analysts say.

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New York Wall Street: Unemployment is over 10% and rising

A crowd appears outside Federal Hall on Wall Street where President Obama was promoting regulatory reform.

The growing unemployment rates in New York is reaching record proportions and empty rhetoric is not solving the problem.

Are the New Yorkers waking up and becoming restless over the growing reality? How long will they wait patiently for definitive action?

The American people have high expectations that President Obama is their saviour and that he alone can lead them out of this wilderness but there are signs that the honeymoon is almost over and they want to see some real progress, now.